Touchstone Strategic Income ETF V.SIO

Primary Symbol: SIO

The Fund seeks a high level of current income with a focus on capital preservation. The Fund invests, under normal market conditions, at least 80 percent of its assets in income producing fixed-income securities. This is a non-fundamental investment policy that the Fund's Board can change upon 60 days prior notice to shareholders. Income producing securities generally include corporate debt securities, mortgage-related securities, asset-backed securities, government securities (both U.S. government securities and foreign sovereign debt), and preferred stocks. The Fund will engage in frequent and active trading as part of its principal investment strategies.

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Touchstone Strategic Income ETF > Market or Management?

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Comment by hedge8on Nov 26, 2015 11:16pm

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RE:Market or Management?

YoungGun - Depends what you mean by "cashed in". He's collected a salary, but as far as I know he's never sold a single share of the company. Not at $4 a share, and not at $.14 a share. And he and other members of the management team took modest positions to increase their equity in the company by participating in the last PP.

The mismanagement argument can certainly be debated. I just wanted to make sure nobody was thinking Routhier sold shares and cashed in millions. He has more to lose than any of us on this board, so he's certainly motivated to make the company a success.

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